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As global markets navigate the pressures of rising Treasury yields and a cautious economic outlook, growth stocks have shown resilience, particularly within the tech-heavy Nasdaq Composite Index. In such an environment, companies with high insider ownership can be appealing as they often signal confidence from those who know the business best, aligning management's interests with shareholders and potentially offering stability amid market fluctuations.
Top 10 Growth Companies With High Insider Ownership
Name | Insider Ownership | Earnings Growth |
Zhejiang Jolly PharmaceuticalLTD (SZSE:300181) | 23.5% | 24.6% |
Archean Chemical Industries (NSEI:ACI) | 22.9% | 34% |
People & Technology (KOSDAQ:A137400) | 16.4% | 35.6% |
Laopu Gold (SEHK:6181) | 36.4% | 33% |
Seojin SystemLtd (KOSDAQ:A178320) | 30.7% | 49.1% |
Findi (ASX:FND) | 35.8% | 64.8% |
HANA Micron (KOSDAQ:A067310) | 18.3% | 105.8% |
Adveritas (ASX:AV1) | 21.2% | 144.2% |
Plenti Group (ASX:PLT) | 12.8% | 107.6% |
UTI (KOSDAQ:A179900) | 33.1% | 134.6% |
Let's review some notable picks from our screened stocks.
Meitu
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Meitu, Inc. is an investment holding company that develops products to enhance image, video, and design production with beauty-related solutions in China and internationally, with a market cap of HK$12.52 billion.
Operations: The company's revenue primarily comes from its Internet Business segment, which generated CN¥3.06 billion.
Insider Ownership: 36.2%
Meitu's revenue is forecast to grow at 19.6% per year, outpacing the Hong Kong market, while earnings are expected to increase significantly by 26.7% annually. Despite recent insider selling, more shares have been bought than sold in the past three months. The company's recent earnings report shows sales of CNY 1.62 billion and net income of CNY 303.43 million for the half-year ended June 2024, reflecting solid growth from a year ago.
Shijiazhuang Shangtai Technology
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Shijiazhuang Shangtai Technology Co., Ltd. operates in the technology sector and has a market cap of approximately CN¥15.85 billion.
Operations: Revenue segments for Shijiazhuang Shangtai Technology Co., Ltd. are not provided in the given text.
Insider Ownership: 39.9%
Shijiazhuang Shangtai Technology's earnings are forecast to grow 20.93% annually, slightly below the CN market average, while revenue is expected to rise faster than the market at 21.6% per year. Recent earnings show a modest increase in net income to CNY 577.82 million for the nine months ended September 2024. Despite a low return on equity forecast and unsustainable dividend coverage by free cash flows, insider ownership remains significant with no substantial recent buying or selling activity reported.